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it is a type of asset which does not produce any output.. for example TV is non-productive asset if you use it for home viewing only but it may become productive asset if you start using it to make money, like for example in african villages where the owner charges fees for viewing the movies..
Winfield Wuckert
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What is a non-productive asset?
it is a type of asset which does not produce any output.. for example TV is non-productive asset if you use it for home viewing only but it may become productive asset if you start using it to make money, like for example in african villages where the owner charges fees for viewing the movies..
A lease of an asset for its entire productive life?
Lease which is done for the entire productive life of an asset is called "Capital lease or finance lease".
Is premises a current asset or non current asset?
non-current assets.
Is fixtures and fittings a current asset or a non current asset?
non current
If a longlived asset is not used for a productive purpose should it be classified as an investment?
It should appear on the Balance Sheet as a Fixed Asset and depreciated accordingly.
What is a non-productive asset?
it is a type of asset which does not produce any output.. for example TV is non-productive asset if you use it for home viewing only but it may become productive asset if you start using it to make money, like for example in african villages where the owner charges fees for viewing the movies..
A lease of an asset for its entire productive life?
Lease which is done for the entire productive life of an asset is called "Capital lease or finance lease".
What is productive assets?
A productive asset is anasset that is used to produce goods in any business.
Is gold a good investment in these turbulent times?
no gold is dependent on only the price people will pay for it. It has no intrinsic value and is a non productive asset.
Is money lent by a bank a current asset or non current asset?
non current asset
Is a fishing permit a non-liquid asset or liquid asset?
It is a non-liquid asset. It can not be traded or converted into currency. It is non-transferable and therefor non-liquid.
What is the differences between non productive and productive cough?
When phlegm comes out when you caugh it is called productive cough. If nothing is produced it is called as dry or non - productive cough
Is premises a current asset or non current asset?
non-current assets.
Is fixtures and fittings a current asset or a non current asset?
non current
If a longlived asset is not used for a productive purpose should it be classified as an investment?
It should appear on the Balance Sheet as a Fixed Asset and depreciated accordingly.
Is freight a current asset or non current asset?
it is a expense
Why is it important for economic production?
Assuming a company has been created for commercial purposes, then "productive" means that the people within the company are expected to deliver the goods or services for which the company was created. In order to create goods or deliver services individuals must be "productive". As to why it is "important" to be productive, the alternative to productive is non-productive, and the "non" also leads to non-income, non-profit and pretty quickly non-company!
